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Open
20 Jan 2026
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Close
22 Jan 2026
3
Allotment
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Listing
Wed, Jan 28, 2026
Price Band
₹118 to ₹124
Issue Size
15,38,12,014 shares (agg. up to ₹1,907 Cr)
Lot Size
120 Shares
Listing Date
Wed, Jan 28, 2026
✦ AI Insight
Live Subscription
| Category | Subscription (times) |
|---|---|
| Total | 2.02x |
Restated Financials (₹ Cr.)
| Period Ended | 30 Sep 2025 | 31 Mar 2025 | 31 Mar 2024 | 31 Mar 2023 |
|---|---|---|---|---|
| Assets | 1,453.16 | 1,259.26 | 786.14 | 442.73 |
| Total Income | 1,819.80 | 2,514.66 | 1,896.48 | 1,422.89 |
| Profit After Tax | 21.04 | 6.06 | -11.88 | -142.64 |
| EBITDA | 64.34 | 56.19 | 11.37 | -113.47 |
| NET Worth | 693.53 | 660.43 | 421.78 | 176.32 |
| Reserves and Surplus | 281.26 | 248.16 | 172.47 | 171.20 |
| Total Borrowing | 147.44 | 132.23 | 40.33 | 66.69 |
| Amount in ₹ Crore |
Peer Comparison
| Company | Issue Type | Issue Size | Issue Price | PE Ratio | Listing Day Close | Listing Gain/Loss % | LTP |
|---|---|---|---|---|---|---|---|
| Om Freight Forwarders Ltd. | Mainboard | ₹122.31 Cr | ₹135 | 19.56 | ₹85.57 | -36.61% | ₹87.51 |
| Glottis Ltd. | Mainboard | ₹307.00 Cr | ₹129 | 18.38 | ₹83.70 | -35.12% | ₹57.13 |
| Global Ocean Logistics India Ltd. | SME | ₹30.41 Cr | ₹78 | 12.07 | ₹79.29 | +1.65% | ₹110.00 |
| Neptune Logitek Ltd. | SME | ₹46.62 Cr | ₹126 | 13.76 | ₹95.80 | -23.97% | ₹35.00 |
| Shipwaves Online Ltd. | SME | ₹56.35 Cr | ₹12 | 9.3 | ₹11.40 | -5.00% | ₹3.52 |
| Jayesh Logistics Ltd. | SME | ₹28.63 Cr | ₹122 | 10.75 | ₹117.80 | -3.44% | ₹135.00 |
| Sunsky Logistics Ltd. | SME | ₹16.84 Cr | ₹46 | 15.6 | ₹53.55 | +16.41% | ₹35.00 |
| Dhillon Freight Carrier Ltd. | SME | ₹10.08 Cr | ₹72 | 10.49 | ₹54.72 | -24.00% | ₹30.50 |
| BLT Logistics Ltd. | SME | ₹9.72 Cr | ₹75 | 6.84 | ₹95.49 | +27.32% | ₹26.80 |
| Blue Water Logistics Ltd. | SME | ₹40.50 Cr | ₹135 | 10.12 | ₹148.05 | +9.67% | ₹471.15 |
| Iware Supplychain Services Ltd. | SME | ₹27.13 Cr | ₹95 | 9.31 | ₹80.90 | -14.84% | ₹454.60 |
| Rapid Fleet Management Services Ltd. | SME | ₹43.87 Cr | ₹192 | 12.25 | ₹200.90 | +4.64% | ₹236.70 |
| Paradeep Parivahan Ltd. | SME | ₹44.86 Cr | ₹98 | 7.4 | ₹82.32 | -16.00% | ₹296.25 |
| PDP Shipping & Projects Ltd. | SME | ₹12.65 Cr | ₹135 | 11.89 | ₹102.85 | -23.81% | ₹51.10 |
| Tejas Cargo India Ltd. | SME | ₹105.84 Cr | ₹168 | 22.35 | ₹168.00 | +0.00% | ₹392.00 |
| GB Logistics Commerce Ltd. | SME | ₹25.07 Cr | ₹102 | 12.03 | ₹81.75 | -19.85% | ₹23.81 |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Funding of capital expenditure requirements of the Company in relation to the network infrastructure | 423.43 |
| 2 | Funding of lease payments for new first mile centers, last mile centers and sort centers | 138.64 |
| 3 | Funding of branding, marketing and communication costs | 88.57 |
| 4 | Unidentified inorganic acquisitions and general corporate purposes | 291.94 |
| 5 | Issue Expenses | 109.51 |
| Total | 1,052.09 |
About Shadowfax Technologies IPO
Updated on Aug 5, 2026
Contact Details
Shadowfax Technologies Ltd. Address3rd Floor, Shilpitha Tech ParkSy No.55/3 & 55/4, Outer Ring RoadDevarabisanahalli Village, Bellandur, Varthur HobliBengaluru, Karnataka, 560103hello@shadowfax.inVisit Website